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Chelva Wells

Chelva Wells


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N$28.5b blueprint launched to break mining’s grip

The government and the African Development Bank (AfDB) yesterday launched a N$28.5-billion partnership designed to overhaul national infrastructure and break the country’s dependence on the mining sector. The 2025 to 2030 country strategy paper, launched in Windhoek, serves as a…

Chelva Wells

Nedbank Group records N$17.2 billion profit

Nedbank Namibia on Tuesday shared its financial results for the year ended 31 December 2025, with the group reporting N$17.2 billion in headline earnings. A key highlight for local stakeholders was the performance of the Nedbank Africa Regions (NAR) division,…

Chelva Wells

Fuel prices cut as global oil costs drop

Petrol prices will decrease by 100 cents per litre in February, while prices for both diesel grades will fall by 50 cents per litre. This is effective from Wednesday, the Ministry of Industries, Mines and Energy said on Saturday. It…

Chelva Wells